Bonus Act Calculator
Calculate statutory bonus under Payment of Bonus Act, 1965. Check eligibility, minimum & maximum bonus, and year-wise comparison for Indian employees.
₹
%
Min: 8.33% (mandatory)Max: 20%
Company has profits: Maximum bonus up to 20% is payable.
Eligible for Statutory Bonus
Eligibility threshold: ₹21,000/month
Annual Bonus
₹6,997
₹583/month
Ceiling₹7,000/mo
Calculation Base₹7,000/mo
Min Bonus (8.33%)₹6,997
Max Bonus (20%)₹16,800
Actual Bonus₹6,997
Year-wise Bonus Comparison
| Rate | Annual Bonus | 12-Month Bonus | Monthly | Status |
|---|---|---|---|---|
| 8.33%(min) | ₹6,997 | ₹6,997 | ₹583 | Selected |
| 10% | ₹8,400 | ₹8,400 | ₹700 | |
| 15% | ₹12,600 | ₹12,600 | ₹1,050 | |
| 20%(max) | ₹16,800 | ₹16,800 | ₹1,400 |
How to Use This Tool
1
Enter or upload the required information
2
Click on the calculate / convert button
3
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Frequently Asked Questions
Is this bonus-calculator free to use?
Yes, it is completely free and requires no signup or registration.
Is my data saved?
No. All processing happens locally in your browser for 100% privacy.
Can I use this bonus-calculator on mobile?
Yes, it works perfectly on all devices including mobile phones and tablets.